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P&G Cuts Jobs, Expands with Thorne | Cincinnati News
Description
Procter & Gamble’s massive global layoffs—nearly 4,300 since last summer—are part of a bold restructuring plan targeting up to 7,000 non-factory roles by June 2027. While Cincinnati still hosts over 10,000 white-collar workers, the exact local impact remains unclear. Experts warn that cuts in HR or finance could hit the hometown hardest, while sales or marketing reductions may shift elsewhere. The company’s setting aside hundreds of millions for severance, though specifics on downtown vs. R&D site impacts are missing. Amid all this, P&G is still growing—with a $4 billion acquisition of supplement maker Thorne—to expand strategically while trimming staff.
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